View more on these topics

CML chairman urges next Govt to solve housing crisis ‘once and for all’

Council of Mortgage Lenders chairman Moray McDonald has urged the next Government to sort out the housing crisis “once and for all”.

Speaking today at the trade body’s annual lunch in London, McDonald, head of personal and business banking products at Royal Bank of Scotland, called for the major parties to agree on a housing strategy.

He said: “Dealing with the supply side, in my view, has to be our new “North Star” which everyone aims for. To get there, we need a housing strategy that commands all-party support with a three-line whip from national government down to the parish council to ensure it’s implemented.

“That strategy should come from us, the industry, in partnership with government. Fix this and the market itself will address affordability.”

Dame Kate Barker, who has written two influential reports on housing supply and planning, was a guest at the lunch and called for public land to be brought forward to reach the target of 200,000 new homes a year by 2020. She also noted local opposition as a key factor in the supply of new homes.

She added: “It may depress you to hear a plea for greater reliance on the State to act – but the planning system suppresses the market mechanism so much that it is hard for it to deliver.”

Recommended

Business-Handshake-Finance-Deal-700.jpg

L&C’s Mark Searle joins Chartwell Funding as sales director

Former London & Country head of peripheral products Mark Searle has joined Bristol-based brokerage Chartwell Funding as its sales director. Searle joined L&C in 2002 as a mortgage and protection adviser and has spent the past four years in charge of general insurance and solicitor referrals for the broker. Chartwell Funding managing director Robert Winfield […]

Diamond Key

Cover story: Quality is key

The traditional network model was a numbers game but experts say this framework is broken and the new focus on quality over quantity will be crucial to survival 

CaptionCompetition150415

Caption Competition – 15 April 2015

Can you put the boot into your nearest and dearest to win a delicious box of Hotel Chocolat milk chocolates? Submit a witty caption for the photo above and you will be automatically entered into our prize draw. Remember, the funnier it is, the more likely you are to win. What are you waiting for? […]

Adams

60 Seconds with… Paul Adams, head of intermediary distribution, Santander

What are Santander’s plans for the next 12 months? Interest in buy-to-let has increased greatly and it is a focus for us in 2015. We have reduced our rates and introduced new products to offer a strong proposition to landlords. I also think the new-build market is set to grow. In February, we launched a […]

Thumbnail

Improving health and wellbeing through pensions auto-enrolment

As the auto-enrolment revolution is rolled out to companies with between 50 and 249 people, employers will be grappling with the new rules and requirements. Even though introducing the new regime can be time consuming, many employers are regarding it as an opportunity to review their benefits packages, with employee health and wellbeing regarded as a popular addition.

Newsletter

News and expert analysis straight to your inbox

Sign up
Comments
  • Post a comment
  • Gavin Ayling 20th April 2015 at 12:33 pm

    I don’t think it’s as black and white as the NIMBYs are against progress on this issue. In the south east the A27 has been woefully under capacity at all lengths except at Brighton for as long as anyone can remember. While the government wants extra homes in the area, and so do local businesses, the issues related to moving people around (as well as other infrastructure such as school capacity) are not being resolved. The Greater Brighton area could accomodate many more people and their businesses, so long as it had the infrastructure to support those extra people. Government needs to build railway lines and roads, and the negative response to development by planning committees will fall away.

  • John Tidswell 17th April 2015 at 1:56 pm

    I totally agree, until they sort out the problem with planning they will never deliver on 200,000, new homes a year regardless of who is in government. Every time a planning application is submitted for approval, whether it be for a single dwelling or a 150 new homes development, it is opposed every inch of the way by NIMBY’s, Parish Councils and Local Councils. Until somebody sorts these people out we will continue to fall a long way short of our housing needs.